Jeff Stein ( @JStein_WaPo ) Twitter Profile

JStein_WaPo

Jeff Stein

White House economics reporter for The Washington Post. Founder of @IthacaVoice. NYR fan. Dog's named Acorn. Jeffrey.stein@washpost.com, Signal: 9178872891.

Washington, DC

Joined on 13 July, 2011

https://www.washingtonpost.com/people/jeff-stein/

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Replying to @SalehaMohsin: NEW: Mnuchin will place the $455b in unspent Cares Act money he is taking back from the Fed into Treasury's General Fund,…

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NEW: Mnuchin will place the $455b in unspent Cares Act money he is taking back from the Fed into Treasury's General Fund, where his successor (Yellen) essentially cannot reach it w/o Congressional approval

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+125 economists "urge Congress to send out second round of $1,200 stimulus checks"

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Quoted @ChristianeWCCO

Right now: @GovTimWalz proposes small biz economic relief pkg that includes:

— Waiving state and local regulatory fees
— Eviction moratorium for biz
— One-time $500 emergency payment to families
— Extend UI for 13 weeks

#wcco

With action at federal level stalled for months, Minnesota governor proposes that the state send out $500 emergency payments to families, per @ChristianeWCCO

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Sen. Debbie Stabenow (D-Mich) today on CNBC appeared to call for approving a smaller stimulus package -- if that's all thats on the table right now -- just to get U.S. through next few months. "We need to act. ... Even if it's just for a few months to get into the administration"

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.@byHeatherLong's profile of Yellen:

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Others on left not as positive. @NathanTankus faults Yellen on raising rates too soon: "Some of her bad decisions meant weaker wage growth and higher unemployment for Americans, especially African Americans and Latinos"

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1 senior Hill aide on the left tells me: "We’ve won in a very historic way on Yellen ... This is the first time that you have a professional academic economist appointed for Treasury. Under Bush, Obama, Trump, Treasury was always the domain of Wall Street"

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Close allies of Warren & Sanders told Biden's team that Janet Yellen would be an acceptable choice -- if not their top pick.

Left had generally most wanted Sarah Bloom-Raskin once Warren was clearly off table for treasury, which happened early

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Biden treasury secretary 2 face economic carnage with millions of livelihoods on line:

“[Yellen] is walking into a nightmare. People are going to be getting evicted, losing their houses. State and local governments are facing disastrous situations"

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As an editor once told me: Sometimes you get the scoop, and sometimes the scoop gets you

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After getting scooped by at least two different news outlets, I can now confirm accuracy of reports saying that Janet Yellen will be Biden's pick for treasury secretary, per 3 people briefed

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Was talking recently to a good friend whose mom runs a soup kitchen. Described unimaginable & heartbreaking & prolonged spikes in demand

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Stories of hunger going way up are all over the place

In 2019, 9% of ppl in Rhode Island said they couldn't feed themselves and their families.

Now? It's *** 25% ***

"a rate not seen since the Great Depression"

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Asked if Biden or his team are pushing congressional Dems for a quicker but potentially smaller stimulus, Biden spokesman @AndrewBatesNC says: "This is incorrect. The president-elect fully supports the Speaker and Leader in their negotiations."

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Replying to @ZaidJilani: 20 percent of small businesses in downtown Madison wiped out this year

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20 percent of small businesses in downtown Madison wiped out this year

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LA county suspends outdoor dining w/ covid rising

Restaurant owner: “What do I think of it? It’s horrible. It’s another punch...It will be horrible for my staff. They can’t get unemployment…. They work paycheck to paycheck. What are we going to do?”

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Would really like my friends to all just move to the same city already, for my personal convenience

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Replying to @ElNuevoDia: Aumento en hospitalizaciones por COVID-19 en Puerto Rico resulta en un despunte de contagios entre los profesionales de sal…

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Aumento en hospitalizaciones por COVID-19 en Puerto Rico resulta en un despunte de contagios entre los profesionales de salud

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Quoted @nyjets

End first.

#NYJvsLAC | #TakeFlight

Here it comes, first one of the season baby right here, JETS J-E-T-S J-E-T-S J-E-T-S (may delete later)

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Update: My sources dont know what's going to happen and neither do I

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